Mr. Lewis is part of a growing group of A-list authors bypassing print and releasing audiobook originals, hoping to take advantage of the exploding audiobook market. It’s the latest sign that audiobooks are no longer an appendage of print, but a creative medium in their own right. After years of stagnation in the industry, audiobooks have become a rare bright spot for publishers. “All of the sudden, print publishers are fighting over audio.”Audible, the biggest player with more than 425,000 titles in its online store, has an enormous advantage in this increasingly crowded arena. (The typical price of la carte audiobooks ranges from around $15 to $40 depending on the length.)

Source: New York Times June 02, 2018 16:52 UTC